019.00.20 Ark. Code R. § 004 - Rule 3 "Examinations"
3.7
RETAKE AND
GRANTING OF CREDIT REQUIREMENTS
(a) A
Candidate shall be required to pass all Test Sections of the Certified Public
Accountant Examination in order to qualify for a certificate. A Candidate may
take the required Test Sections individually and in any order. Credit for any
Test Section(s) passed shall be valid for eighteen months from the actual date
the Candidate took that Test Section, without having to attain a minimum score
on any failed Test Section(s) and without regard to whether the Candidate has
taken other Test Sections.
(1) Candidates must
pass all four Test Sections of the Uniform CPA Examination within a rolling
eighteen-month period, which begins on the date that the first Test Section(s)
passed is taken.
(2) Candidates
cannot retake a failed Test Section(s) in the same examination window. An
examination window refers to a three-month period in which Candidates have an
opportunity to take the CPA examination (comprised of two months in which the
examination is available to be taken and one month in which the examination
will not be offered while routine maintenance is performed and the item bank is
refreshed). Thus, Candidates will be able to test two out of the three months
within an examination window.
(3)
If the Board determines that the examination system changes necessary to
eliminate the test window limitations have been implemented, subsection (2)
will no longer be effective, and a Candidate can retake a test section once
their grade for any previous attempt of that same test section has been
released.
(4) In the event all four
Test Sections of the Uniform CPA Examination are not passed within the rolling
eighteen-month period, credit for any Test Section(s) passed outside the
eighteen-month period will expire and that Test Section(s) must be
retaken.
(b) The Board
may in particular cases extend the term of conditional credit validity
notwithstanding the requirements of subsection (a) and ( upon a showing that
the credit was lost by reason of circumstances beyond the Candidate's
control.
(c) A Candidate shall be
deemed to have passed the Uniform CPA Examination once the Candidate holds at
the same time official credit for passing each of the four Test Sections of the
examination. For purposes of this section, credit for passing a Test Section of
the computer-based examination is valid from the actual date of the Testing
Event for that Test Section, regardless of the date the Candidate
actually
Notes
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